Margaret Dunning Foundation

Organization Overview

Margaret Dunning Foundation is located in Traverse City, MI. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Margaret Dunning Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Margaret Dunning Foundation generated $2.5m in total revenue. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 118.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Margaret Dunning Foundation has awarded 160 individual grants totaling $6,761,050. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Neithercut Philanthropy Advisors Llc
$209,900
Merrill Lynch
$133,875
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $950,756
Net Rental Income$0
Net Gain on Sale of Assets $1,559,312
Capital Gain Net Income $1,559,312
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $13,133
Total Revenue $2,523,201

Grants Awarded

Over the last fiscal year, Margaret Dunning Foundation has awarded $1,695,500 in support to 38 organizations.

Grant RecipientAmount

Plymouth, MI

PURPOSE: SWIMMING POOL HVAC SYSTEM REPLACEMENT

$100,000

Plymouth, MI

PURPOSE: SWIMMING POOL HVAC SYSTEM REPLACEMENT

$100,000

COLLEGE FOR CREATIVE STUDIES

Org PageRecipient Profile

Detroit, MI

PURPOSE: ADVANCED SUMMER SCHOOL PROGRAM IN AUTO DESIGN

$80,000

COLLEGE FOR CREATIVE STUDIES

Org PageRecipient Profile

Detroit, MI

PURPOSE: ADVANCED SUMMER SCHOOL PROGRAM IN AUTO DESIGN

$80,000

COLLEGE FOR CREATIVE STUDIES

Org PageRecipient Profile

Detroit, MI

PURPOSE: ADVANCED SUMMER SCHOOL PROGRAM IN AUTO DESIGN

$80,000

COLLEGE FOR CREATIVE STUDIES

Org PageRecipient Profile

Detroit, MI

PURPOSE: ADVANCED SUMMER SCHOOL PROGRAM IN AUTO DESIGN

$80,000
View Grant Profile

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